Seller's Agent in 2020
Ashley Franchini
Solei SIR Margate
(609) 233-6116
38 in this area
198 Total Sales
7200 Atlantic Ave Ventnor City, NJ 08406
Estimated Value: $1,684,000 - $2,075,551
6
Beds
3.5
Baths
--
Sq Ft
3,136
Sq Ft Lot
Highlights
- Water Views
- Deck
- Wood Flooring
- Building is beachfront but unit may not have water views
- Living Room with Fireplace
- Sun or Florida Room
About This Home
As of November 2020Beachblock seashore home located at the south end of Ventnor (four blocks from Margate) and just steps to the beach and boardwalk! Boasting a traditional design and wonderful ocean views!!! One of the highest elevations on Absecon Island! First level features a center hall foyer entrance, cozy sunroom off the spacious living room. Newly renovated gourmet kitchen is integrated into the dining room and features stainless steel appliances, granite counter tops, center island for entertaining, and custom cabinetry. Washer/dryer on the first floor and a second extra capacity washer/dryer. The second level has the master bedroom with an amazing oversized deck facing the ocean to relax and sip your morning coffee or wind down after a day at the beach! This floor also has three more bedrooms (one is currently used as an office) and a full bath in the hall. But this spacious home doesn't end there! On the third floor there are two more bedrooms and another full bath! The driveway has parking for two cars and a detached garage. Outdoor shower, front porch, beautiful landscaping. Ceiling fans in every room compliment wonderful cross breezes through screened windows. Also featured are dual zone central A/C and high capacity dual hot water heaters. Ideal summer home to make memories for the entire family that will last a lifetime!
Last Agent to Sell the Property
Soleil Sotheby's International Realty - A Listed on: 06/27/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,181
Lot Details
- Lot Dimensions are 50x62.5
- Building is beachfront but unit may not have water views
- Corner Lot
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Great Room
- Living Room with Fireplace
- Dining Room
- Sun or Florida Room
- Water Views
- Dryer
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 1 Car Detached Garage
- Parking Pad
Outdoor Features
- Outdoor Shower
- Deck
- Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2020
Closed on
Nov 16, 2020
Sold by
Ruben Richard and Ruben Elizabeth
Bought by
Rudolph Michael J and Rudolph Sarah B
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Scott Stetzer
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,138
Avg. Annual Appreciation
15.62%
Original Mortgage
$740,000
Outstanding Balance
$644,373
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,203,765
Purchase Details
Closed on
Jun 3, 2011
Sold by
Colman David L and Colman Nancy K
Bought by
Ruben Richard and Ruben Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 1992
Sold by
Weisberg Paul
Bought by
Colman David L and Colman Nancy K
Purchase Details
Closed on
Sep 30, 1988
Sold by
Gorberg Sander R and Gorberg Toby
Bought by
Weisberg Paul B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rudolph Michael J | $925,000 | Infinity Title Agency | |
| Rudolph Michael J | $925,000 | Infinity Title | |
| Ruben Richard | $800,000 | Brennan Title Abstract | |
| Colman David L | $385,000 | -- | |
| Weisberg Paul B | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rudolph Michael J | $740,000 | |
| Closed | Rudolph Michael J | $740,000 | |
| Previous Owner | Ruben Richard | $500,000 | |
| Previous Owner | Ruben Richard | $500,000 | |
| Previous Owner | Colman David L | $333,000 | |
| Previous Owner | Colman David | $271,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2020 11/18/20 | Sold | $925,000 | +3600.0% | -- |
| 10/09/2020 10/09/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | Rented | -- | -- | -- |
| 07/11/2020 07/11/20 | For Rent | $25,000 | 0.0% | -- |
| 07/11/2020 07/11/20 | Price Changed | $25,000 | -97.5% | -- |
| 07/08/2020 07/08/20 | Rented | -- | -- | -- |
| 06/27/2020 06/27/20 | For Sale | $999,000 | 0.0% | -- |
| 06/27/2020 06/27/20 | For Rent | $25,000 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,181 | $811,600 | $557,700 | $253,900 |
| 2024 | $22,181 | $811,600 | $557,700 | $253,900 |
| 2023 | $20,874 | $811,600 | $557,700 | $253,900 |
| 2022 | $20,874 | $811,600 | $557,700 | $253,900 |
| 2021 | $21,004 | $811,600 | $557,700 | $253,900 |
| 2020 | $18,940 | $731,000 | $557,700 | $173,300 |
| 2019 | $18,896 | $731,000 | $557,700 | $173,300 |
| 2018 | $19,255 | $731,000 | $557,700 | $173,300 |
| 2017 | $19,357 | $731,000 | $557,700 | $173,300 |
| 2016 | $17,925 | $820,000 | $700,000 | $120,000 |
| 2015 | $17,761 | $820,000 | $700,000 | $120,000 |
| 2014 | $16,884 | $820,000 | $700,000 | $120,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Franchini
-
Scott Stetzer
Buyer's Agent in 2020
Scott Stetzer
LONG and FOSTER REAL ESTATE INC-Longport
(609) 432-0917
3 in this area
13 Total Sales
-
Dana Hartman
Buyer's Agent in 2020
Dana Hartman
BHHS FOX and ROACH-Margate II
(609) 287-6201
51 in this area
202 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 538559
APN: 22-00041-0000-00007
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Information is deemed reliable but not guaranteed.
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